Announcement of Class Meeting

RNS Number : 0022G

Acorn Income Fund Ld

30 April 2014

 



30 April 2014

ACORN INCOME FUND LIMITED (the "Company")

ANNOUNCEMENT OF CLASS MEETING

The Directors announce that a Class Meeting will be held at Frances House, Sir William Place, St Peter Port, Guernsey on Wednesday 20 August 2014 at 11.00 am as follows:

This Notice of Meeting is an important document. If you are in any doubt as to what action to take, you should consult an appropriate independent adviser. If you have sold or transferred all your ZDP Shares in Acorn Income Fund Limited (the "Company"), please forward this document at once, together with the accompanying Class Meeting Form of Proxy, to the purchaser or transferee or to the stockbroker, bank or other agent through whom the sale or transfer was effected, for onward transmission to the purchaser or transferee.

Acorn Income Fund Limited

Registered in Guernsey No. 34778

NOTICE OF CLASS MEETING

NOTICE IS HEREBY GIVEN that a CLASS MEETING of the holders of ZDP Shares of Acorn Income Fund Limited (the "Company") will be held at Frances House, Sir William Place, St Peter Port, Guernsey on 20 August 2014 at 11.00 a.m. (the "Class Meeting") for the purpose of considering and, if thought fit, passing the following resolution which will be proposed as an ordinary resolution:

Ordinary Resolution

THAT the holders of the ZDP Shares hereby sanction and consent to the passing and carrying into effect, as an ordinary resolution of the Company, of Resolution 4 contained in the notice of annual general meeting of the Company dated 30 April 2014 and any variation or abrogation and/or deemed variation or abrogation of the rights attached to the ZDP Shares which will, or may, result from the passing and carrying into effect of such resolution.

BY ORDER OF THE BOARD:	Registered Office:
JTC Fund Managers (Guernsey) Limited Secretary 30 April 2014	PO Box 156 Frances House Sir William Place St Peter Port Guernsey  GY1 4EU Channel Islands

Notes:

1                 A member entitled to attend and to speak and vote at the meeting is entitled to appoint one or more proxies to speak and vote instead of them.  A proxy need not be a member of the Company.  Completion and return of the Class Meeting Form of Proxy will not preclude members from attending or voting at the meeting, if they so wish.

2                 More than one proxy may be appointed provided each proxy is appointed to exercise the rights attached to difference shares.

3                 To be valid the Class Meeting Form of Proxy, together with the power of attorney or other authority, if any, under which it is executed (or a notarially certified copy of such power of authority) must be deposited with the Registrar, Anson Registrars, Registrars Limited, PO Box 405, Anson House, Havilland Street, St Peter Port, Guernsey GY1 3GF not less than 48 hours before the time for holding the meeting.  A Class Meeting Form of Proxy is enclosed with this notice.

4                 All persons recorded on the register of members as holding ZDP Shares in the Company as at 5.00 p.m. on 18 August  2014 or, if the meeting is adjourned, as at 48 hours before the time of any adjourned meeting, shall be entitled to attend and vote (either in person or by proxy) at the meeting and shall be entitled to one vote per share held.

5                 The quorum for the Class Meeting is two persons present in  person or by proxy and holding at least one third of the issued ZDP Shares at the date of the Meeting.  If the meeting is not quorate, it will be adjourned to the same time and place fourteen clear days later, whereupon one person holding ZDP Shares and present in person or by proxy shall form the quorum.

6                 Where there are joint registered holders of any ZDP Shares, such persons shall not have the right of voting individually in respect of such shares but shall elect one of their number to represent them and to vote whether in person or by proxy in their name.  In default of such election,  the person whose name stands first on the register of ZDP Shareholders shall alone be entitled to vote.

7                 On a poll, votes may be given either personally or by proxy and a holder of ZDP Shares entitled to more than one vote need not use all his votes or cast all the votes he uses in the same way.

8                 Any corporation which is a member may by resolution of its directors or other governing body, authorise such person as it thinks fit to act as its representative at this meeting. Any person so authorised shall be entitled to exercise on behalf of the corporation which he represents the same powers (other than to appoint a proxy) as the corporation could exercise if it were an individual member of the Company.

9                 Pursuant to the Articles, every member (being an individual) present in person or by proxy or (being a corporation) present by a duly authorised representative shall have one vote on a show of hands, subject to any special voting powers or restrictions, and one vote per ZDP Share on a poll (other than the Company itself where it holds its own shares as treasury shares), subject to any special voting powers or restrictions.

10               As at 29 April 2014 (being the last practicable date prior to the publication of this Notice) the total number of votes exercisable by holders of ZDP Shares is 22,105,706.

11               Capitalised terms used in this Notice of Class Meeting but not defined shall bear the same meanings as set out in the Company's Articles of Incorporation.

Administrative Enquiries:                                   

JTC Fund Managers (Guernsey) Limited  

Tel: [phone]                                              

END OF ANNOUNCEMENT

E&OE - in transmission.

 

END

 

 

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